Consulting

Advocacy

We offer strategic advantages that are unmatched by ordinary accounting and consulting firms. Our services are not restricted by the Sarbanes-Oxley Act of 2002, so we serve as your advocate, without cumbersome regulatory restrictions.

Tax Technology

We support the strategic selection, implementation, and maintenance of technology solutions that optimise our client’s tax function, reducing the risk of tax overpayment while sharing industry knowledge and best practices.

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Tax Technology

Ryan provides a comprehensive approach to help our clients plan, select, and implement sophisticated tax technology solutions that deliver significant value to the global compliance process, from strategy and risk management to delivery. We have strategic partnerships with all of the industry’s leading tax technology software providers, and our experience with all the major ERP systems, as well as custom solutions and domestic and international tax systems, is second to none.

Technology creates no value unless it is thoughtfully and strategically deployed to maximise the efficiency and profitability of your business and tax operations. Whether it’s the automation of tax return preparation or the full-scale implementation of a tax decision-making software application, we ensure that our clients realise the full potential of their tax technology solutions. Our comprehensive tax technology service portfolio includes business process reviews, feasibility studies, implementation, automation, research, training and full technical support.

Calculating and tracking transaction adjustments in returns and general ledger accounts

Reporting internally and externally across multiple jurisdictions

Compiling and managing voluntary disclosures

Documenting and maintaining tax information, processes, and controls

Ryan iTAC® is a stand-alone solution that does not require an interface with enterprise resource planning (ERP) or other systems, so there is no need to heavily involve IT resources for installation and maintenance. Ryan iTAC® is a user-friendly, indirect tax solution that makes it simple to design checks and controls, as well as filter or extract data. Our professionals ensure that Ryan iTAC® users maximise the value of the application by helping:

Develop an understanding of the status quo by examining external and internal filing and reporting obligations, determining the data required and the sources of data, identifying existing checks and controls, and reviewing the existing transaction data

Ryan’s Tax Systems Implementation services help clients realise the full benefits of their tax technology solution. We ensure the success of each project with proven service and implementation methodologies that are tailored to meet our clients’ needs at each stage of the process. We provide advisory services which can include requirements gathering, vendor selection, and the design of the solution itself. We deploy a holistic approach to software implementation and help our clients define and develop optimum processes, build business-relevant tax research, assist with interface design and development, configure and implement the tax technology solution, integrate tax returns, train system users, and manage the post-implementation processes.

Ryan understands that no matter how you do it, manual use tax calculation is difficult, error-prone, and labour intensive. It requires multiple transactions using varied tax rates based on where you buy, make, ship, warehouse, and sell, which leads to costly miscalculations. Manual processing gives you little visibility into your tax compliance and its impact on Sarbanes-Oxley reporting requirements. ERP systems may be good at many things, but they aren’t designed to track and manage use tax.

Ask yourself these key questions:

How is your company currently calculating use tax in SAP?

Does Purchasing determine tax codes on the purchase order?

Does Accounts Payable assign tax codes on the invoice?

Are you using standard percentages and a little guesswork?

Your ERP System Isn’t the Answer ERP systems may be good at many things, but, even combined with third-party tax calculation software, they aren’t designed to track and manage use tax. ERP systems lack functionality to deal with the complexities of the internal processes that are subject to tax, the number of product codes, and the intricacies of use tax rates.

Automating Use Tax Management Saves Money and Eliminates Errors SAP users have a better solution for use tax management and compliance. TaxDecisionERP is a comprehensive, multistate use tax decision automation solution that integrates with SAP ERP applications and external tax packages, enabling you to automate and centralise tax management by:

Enhances audit and traceability tools for Sarbanes-Oxley documentation and control

Generates real-time calculations as goods are issued and services are delivered

Automates the multistate use tax process

Stop Tax Overpayment and Avoid Penalties With the TaxDecisionERP solution, you empower tax professionals with visibility and control, and give them the ability to enhance the bottom line. The TaxDecisionERP solution provides precise application of product codes, tax codes, and tax rules to automate tax calculations as use is determined. Our services include:

Business Assessment Ryan professionals evaluate and address each stage of the use tax management and reporting processes. We analyse current use tax procedures, review SAP® environments, determine compliance requirements, perform a best practices gap analysis, and identify the benefits of using the TaxDecisionERP solution.

Use Tax Recovery Services To provide maximum benefit to clients pursuing use tax improvements, Ryan provides integrated services that address each stage of the use tax recovery and management processes, including:

Integrated End-to-End Tax Services

Ryan is focused on your overall tax performance—providing innovative solutions to the underlying causes of the errors we identify—and creating greater opportunities to measure and improve your efficiency, develop a more strategic approach to tax, and deliver outstanding value to your shareholders.